AJ TRANSPORT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
AJ TRANSPORT
Largest movements
- Receivables within one year +€12,816
up €12,816 (+35.4%), from €36,250 to €49,066
of which Other amounts receivable: +€20,942
- Cash -€11,805
down €11,805 (-97.3%), from €12,133 to €328
mainly Investment in fixed assets (net) (-€19,025) and Receivables within one year (-€12,816)
- Tangible fixed assets +€8,717
up €8,717 (+62.1%), from €14,037 to €22,754
- Deferred charges and accrued income -€2,784
down €2,784 (-77.6%), from €3,589 to €805
- Financial fixed assets +€825
new in 2025: €825
- Other debts -€11,223
down €11,223 (-84.7%), from €13,258 to €2,035
- Current portion of long-term debt +€7,214
up €7,214 (+179%), from €4,030 to €11,244
- Debts after one year +€5,212
up €5,212 (+50.3%), from €10,357 to €15,570
- Reserves +€5,164
up €5,164 (+72.5%), from €7,126 to €12,290
- Tax, wage and social debts +€3,722
up €3,722 (+24.6%), from €15,153 to €18,874
of which Taxes: +€4,753
- Staff costs +€12,718
up €12,718 (+60.0%), from €21,208 to €33,927
- Gross operating margin +€9,803
up €9,803 (+19.7%), from €49,653 to €59,456
- Other operating charges -€9,578
down €9,578 (-93.5%), from €10,241 to €664
- Depreciation +€3,163
up €3,163 (+50.1%), from €6,319 to €9,483
- Taxes +€1,309
up €1,309 (+55.3%), from €2,369 to €3,678
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,009 | €73,778 | +€7,769 | +11.8% |
| Fixed assets | 21/28 | €14,037 | €23,579 | +€9,542 | +68.0% |
| Tangible fixed assets | 22/27 | €14,037 | €22,754 | +€8,717 | +62.1% |
| Furniture and vehicles | 24 | €14,037 | €22,754 | +€8,717 | +62.1% |
| Financial fixed assets | 28 | - | €825 | +€825 | |
| Current assets | 29/58 | €51,972 | €50,199 | -€1,773 | -3.4% |
| Amounts receivable within one year | 40/41 | €36,250 | €49,066 | +€12,816 | +35.4% |
| Trade receivables | 40 | €36,250 | €28,124 | -€8,126 | -22.4% |
| Other amounts receivable | 41 | - | €20,942 | +€20,942 | |
| Cash at bank and in hand | 54/58 | €12,133 | €328 | -€11,805 | -97.3% |
| Deferred charges and accrued income | 490/1 | €3,589 | €805 | -€2,784 | -77.6% |
| Total equity and liabilities | 10/49 | €66,009 | €73,778 | +€7,769 | +11.8% |
| Equity | 10/15 | €9,126 | €14,570 | +€5,444 | +59.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €7,126 | €12,290 | +€5,164 | +72.5% |
| Distributable reserves | 133 | €7,126 | €12,290 | +€5,164 | +72.5% |
| Profit (loss) carried forward | 14 | - | €280 | +€280 | |
| Amounts payable | 17/49 | €56,882 | €59,208 | +€2,325 | +4.1% |
| Amounts payable after more than one year | 17 | €10,357 | €15,570 | +€5,212 | +50.3% |
| Financial debts | 170/4 | €10,357 | €15,570 | +€5,212 | +50.3% |
| Amounts payable within one year | 42/48 | €46,525 | €43,638 | -€2,887 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €4,030 | €11,244 | +€7,214 | +179% |
| Trade debts | 44 | €14,085 | €11,484 | -€2,600 | -18.5% |
| Suppliers | 440/4 | €14,085 | €11,484 | -€2,600 | -18.5% |
| Taxes, remuneration and social security | 45 | €15,153 | €18,874 | +€3,722 | +24.6% |
| Taxes | 450/3 | €7,855 | €12,608 | +€4,753 | +60.5% |
| Remuneration and social security | 454/9 | €7,298 | €6,266 | -€1,031 | -14.1% |
| Other amounts payable | 47/48 | €13,258 | €2,035 | -€11,223 | -84.7% |
| Remuneration, social security and pensions | 62 | €21,208 | €33,927 | +€12,718 | +60.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,319 | €9,483 | +€3,163 | +50.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,220 | €2,637 | -€583 | -18.1% |
| Other operating charges | 640/8 | €10,241 | €664 | -€9,578 | -93.5% |
| Gross operating margin | 9900 | €49,653 | €59,456 | +€9,803 | +19.7% |
| Operating profit (loss) | 9901 | €8,664 | €12,746 | +€4,082 | +47.1% |
| Financial income | 75/76B | - | €1,023 | +€1,023 | |
| Recurring financial income | 75 | - | €1,023 | +€1,023 | |
| Financial charges | 65/66B | €2,496 | €2,613 | +€116 | +4.7% |
| Recurring financial charges | 65 | €2,496 | €2,613 | +€116 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €6,168 | €11,157 | +€4,989 | +80.9% |
| Income taxes | 67/77 | €2,369 | €3,678 | +€1,309 | +55.3% |
| Profit (loss) for the period | 9904 | €3,799 | €7,479 | +€3,680 | +96.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,799 | €7,479 | +€3,680 | +96.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.